http://www.pressofatlanticcity.com/news/breaking/new-jersey-s-top-casino-regulator-says-atlantic-city-s/article_8b01459a-75fd-11e2-8a75-001a4bcf887a.html By DONALD WITTKOWSKI, Staff Writer Revel, Atlantic City’s $2.4 billion megaresort, has hired outside legal and financial advisers to possibly help it restructure its enormous debt, New Jersey’s top casino regulator said Wednesday.
Archive for the ‘Uncategorized’ Category
Atlantic City’s Revel may be looking to restructure its massive debt
Posted: February 14, 2013 in Uncategorizedhttp://www.pressofatlanticcity.com/news/top_three/trump-plaza-sold-to-california-company/article_dcb69502-76e8-11e2-9f0a-001a4bcf887a.html Associated Press ATLANTIC CITY — Trump Plaza, the Boardwalk centerpiece of Donald Trump’s one-time Atlantic City empire, was sold Thursday to a California company for $20 million in the cheapest of a series of bargain-basement deals for distressed gambling halls in the struggling New Jersey seaside resort.
New Jersey’s sports’ betting lawsuit continues today with arguments in federal court
Posted: February 14, 2013 in Uncategorizedhttp://www.pressofatlanticcity.com/news/breaking/new-jersey-s-sports-betting-lawsuit-continues-today-with-arguments/article_9fc29f6c-76d7-11e2-817c-0019bb2963f4.html By HOA NGUYEN, Staff Writer Lawyers representing New Jersey are appearing in front of U.S. District Court Judge Michael Shipp this afternoon to argue that a federal sports ban is unconstitutional. They are joined by lawyers representing the five professional and amateur sports organizations, which sued the state.
http://www.wagerminds.com/blog/legalization/lawmaker-aims-to-legalize-sports-betting-in-new-york-5860/ May 21st, 2012 | By WagerMinds New York State Senator Tony Avella (D-Queens) has introduced a bill in the State Senate which would legalize sports betting at casinos and racinos and off-track betting parlors all across New York state. And Avella’s legalization efforts have the backing of the Brooklyn District Attorney, one of the […]
The poll question that only 10 percent of Garden Staters got right
Posted: May 15, 2012 in UncategorizedTags: Sports Betting
http://blog.northjersey.com/meadowlandsmatters/2740/the-poll-question-that-only-10-percent-of-garden-staters-got-right/ Posted on Tuesday, May 15, 2012 11:40 am by John Brennan To follow up on Monday’s blog post: Joe Brennan Jr. (no relation to me or my brother Joe), chairman of the Interactive Media Entertainment & Gaming Association (IMEGA), passed along the details of the 2010 poll I referenced regarding New Jerseyans and gambling. […]
Cantor Fitzgerald hits Las Vegas on big sports bet
Posted: May 14, 2012 in UncategorizedTags: Sports Betting
By:Seth Lubove Friday, May 11, 2012 In his ground-level office on a back street of Las Vegas, Lee Amaitis is worlds away from the 15-story building in London where he served as the second in command at Cantor Fitzgerald until 2008. Rather than looking at the Tower of London on the River Thames from his […]
Atlantic City casino revenue falls 10 percent in April
Posted: May 14, 2012 in UncategorizedTags: Atlantic City casinos
http://www.pressofatlanticcity.com/news/breaking/despite-revel-s-opening-atlantic-city-casino-revenue-falls-percent/article_07643f70-9aad-11e1-88b0-0019bb2963f4.html By DONALD WITTKOWSKI Staff Writer | ATLANTIC CITY — Revel’s new, $2.4 billion megaresort was not enough to propel Atlantic City’s casino industry toward higher revenue in April. Overall, the 12 casinos posted $260.6 million in winnings from slot machines and table games, a 10 percent decline from the $289.4 million earned in April […]
Jersey Congressmen Pushing Separate Sports Betting Bills
Posted: May 14, 2012 in UncategorizedTags: Sports Betting
http://nj1015.com/jersey-congressmen-pushing-separate-sports-betting-bills-audio/ By: David Matthau | January 24, 2012 With the Giants heading to the Super Bowl, a lot of Jersey football fans will be placing a friendly wager on the big game. Frank Pallone (Facebook) Now we get word two Jersey Congressional representatives are sponsoring separate measures to legalize sports betting in the […]
Is Christie is the reason NJ is dragging its feet on sports betting?
Posted: May 14, 2012 in UncategorizedTags: Sports Betting
http://www.covers.com/articles/articles.aspx?theArt=274352 By LARRY JOSEPHSON What do we do with Chris Christie, the governor of New Jersey who not long ago wanted his state to be the East Coast’s all-inclusive gambling Mecca but now appears to be main impediment toward accomplishing that goal? What do we do with a governor who keeps moving the goal line […]
Amick: Against odds, politicans push sports betting
Posted: May 14, 2012 in UncategorizedTags: Sports Betting
http://www.nj.com/times-opinion/index.ssf/2012/02/amick_against_odds_politicans.html Published: Monday, February 27, 2012, 7:00 AM By George Amick/For The Times Once again, New Jersey politicians are trying to correct a past mistake after the odds have shifted against them. I don’t mean the Democrats’ effort to authorize same-sex marriage, although that fits the description nicely. The goal of this belated campaign is […]